Forums

Is Anyone Really Making Money While They Sleep?

Get your questions answered by other leaders in the mlm & home business industry on any topics, as well as share your ideas and be recognized as a home business leader.

Moderator: admin

Is Anyone Really Making Money While They Sleep?

Postby James Burney on Tue Sep 15, 2009 3:53 pm

If you’ve been utilizing the Internet for any length of time it’s likely you have been bombarded with junk mail claiming you can make money “while you sleep." Most sensible people are bound to ignore such claims of easy money. But is it true? Can you really make money while you sleep?

The answer is an absolute YES! However, don’t assume my answer in any way implies that it is a get rich quick while you sleep proposition.

I know it is possible to make money via the Internet while one sleeps as I have been doing it for a little over a month. Actually, I have been utilizing the Internet to market my business and events for several years with a great deal of success, but it is only in the last month that I began aggressively selling products via my website.

Over the last few weeks, between e-products and my latest book, I have sold a substantial amount of product. Within an hour of launching my products I was making money. From day one, each morning when I turn on my computer I am greeted with sales!

What I most like about doing this is the profit margin. With my e-products the profit is close to 100%. With my books there are shipping and handling costs and yet, the profit is still very nice.

To the casual observer this may seem fantastic. Truth be told, it is. And yet, I didn’t simply put products on my website and the sales miraculously happened.

As is true for anyone who successfully sells on the Internet, I have worked on the backend of launching my products for quite some time. Before I made my products available for sale from my website I had to make sure my systems were in place.

The process began with a great deal of research into how to successfully launch products on the web. I read virtually everything I could get my hands on by folks who are making money on the web. I listened in on teleconferences, went to seminars, bought other people’s products, and spent countless hours becoming very familiar with how the process works.

It is important to state I didn’t necessarily believe claims from someone just because they said they were making money. Plenty of people are claiming to make massive amounts of money on the Internet when in fact, they aren’t. However, there are others who are making incredible revenues from web-based product sales.

Before I would accept what someone was saying, I checked them out. I talked to other people either through email or via the phone to find out what they knew about some of the more “well known" experts. I had the opportunity to talk real-time to some of the experts as a result of taking the initiative to contact them with valid inquiries about their products and businesses.

With each conversation, book, seminar, e-book and teleconference I added to my own arsenal of information. Over a period of about a year and a half, I had acquired quite a storehouse of knowledge.

Knowledge alone wouldn’t lend itself to being successful in this new branch of my business. As with other products and services I have made available at various times to my market, I had to make sure that the products I would be introducing would sell. It’s all very nice to have something you think is great, but will there be people who will actually pay for what you are selling?

I also had to make sure most of the kinks would be worked out prior to launching the products. This took a considerable amount of time meeting with my webmaster. Together we worked on the vision and how everything would link together.

Many people are very skeptical about informational products being sold on the Internet.

They have every right to be as there is a lot of garbage out there. There are people claiming to be experts when in fact, they aren’t.

I also know we live in a “try before you buy" world. People have to feel comfortable with the purchases they make. Communication is key. Before, during and after.

Offering something at no cost prior to asking for a sale is an incredible way to build trust. It is also important to offer multiple choices in products and prices. Some people are more comfortable making a smaller purchase before they make a larger purchase.

As with a brick and mortar business, it is easier to sell to existing customers rather than selling to a stranger. This definitely proved to be true with the products I introduced. I have thousands of people in my database. I treat my database like gold because it is. I keep in touch with people in my database.

This is an area that I often see people lose substantial amounts of revenue. They fail to constantly mine their database or keep their name fresh in people’s minds. As a result they are not able to fully realize the profits that come with a well groomed database and name recognition.

As with any type of business, my continued success with this stream of revenues will be determined by whether or not I keep in touch with people, how I market my products and how valuable my information is.

Yes, you can make money “while you sleep." And yes, it can be very profitable. However, your level of success will be directly proportionate to your level of commitment and professionalism in this avenue of your business as with any avenue of your business.
Last edited by Mlm_master on Thu Sep 17, 2009 2:57 pm, edited 3 times in total.
James E Burney Jr.
Direct Sales/Internet Marketing Coach
(910)-914-5387
http://www.professionaljames.com
User avatar
James Burney
Contribution Level: 1
 
Posts: 16
Joined: Tue Sep 15, 2009 2:27 pm

Re: Is Anyone Really Making Money While They Sleep?

Postby Dave Kotecki on Tue Sep 15, 2009 9:45 pm

Depends on who you're sleeping with.

C'mon, it was a joke! :lol:
Dave Kotecki | Core Partner
Image
Wellness, Prosperity, Lifestyle by Design
Experience the POWER Of Our Team!
DaveKoteckiPro
Facebook.com/davekoteckipro
User avatar
Dave Kotecki
Company: Life Force International
Contribution Level: 5
 
Posts: 902
Joined: Thu Aug 13, 2009 7:04 pm

Re: Is Anyone Really Making Money While They Sleep?

Postby Richard Bravo on Tue Sep 15, 2009 9:59 pm

dkotecki wrote:Depends on who you're sleeping with.
C'mon, it was a joke! :lol:


Damnit Dave... You made me spit water on my laptop! :lol:
I'm scrolling, scrolling down this page to see what the comment is and POW!
Made me spit my water out I laughed so hard.

Luckily I'm sleeping with my wife as the money gets deposited. ;)
Cheers!
~RB
Image
Learn How To Turn Your Passion Into Profits ... YouIncPro.com
Subscribe to RSS | Follow Us on Facebook, Twitter, Google+ & YouTube
User avatar
Richard Bravo
Company: Life Force International
Contribution Level: 9
 
Posts: 2381
Joined: Thu Feb 26, 2009 2:00 am

Re: Is Anyone Really Making Money While They Sleep?

Postby Nathaniel Johnson on Tue Sep 15, 2009 11:59 pm

Here's a tip for future posts, shorten them and keep it to the point. Chances are when you write a post that is very long like this one, no one will read all of it.

But to stay on topic, yea I make money while I sleep - adsense is making me money, GoDaddy affiliate sales are pumping out while I rest and Attraction Marketing sales are happening at night too. Image
ImageImageImageImageImage
User avatar
Nathaniel Johnson
Contribution Level: 6
 
Posts: 994
Joined: Wed Oct 22, 2008 7:37 pm

Re: Is Anyone Really Making Money While They Sleep?

Postby Richard Bravo on Wed Sep 16, 2009 12:05 am

Nate quick question?...
Actual numbers aside, unless you feel like sharing real world numbers, How lucrative are your Godaddy sales? It's one I haven't focused on at all.
Image
Learn How To Turn Your Passion Into Profits ... YouIncPro.com
Subscribe to RSS | Follow Us on Facebook, Twitter, Google+ & YouTube
User avatar
Richard Bravo
Company: Life Force International
Contribution Level: 9
 
Posts: 2381
Joined: Thu Feb 26, 2009 2:00 am

Re: Is Anyone Really Making Money While They Sleep?

Postby James Burney on Wed Sep 16, 2009 2:18 am

dkotecki wrote:Depends on who you're sleeping with.

C'mon, it was a joke! :lol:


Yes Dave that was hilarious...lol, but also true in a sense.
James E Burney Jr.
Direct Sales/Internet Marketing Coach
(910)-914-5387
http://www.professionaljames.com
User avatar
James Burney
Contribution Level: 1
 
Posts: 16
Joined: Tue Sep 15, 2009 2:27 pm

Re: Is Anyone Really Making Money While They Sleep?

Postby bbb qqq on Wed Sep 16, 2009 3:34 am

The question should be: is there anyone doing money at all?
Most of the people aren't doing money.
So before planing to do money while you're sleeping, start to make plans to earn money when you are waking.
Yehuda Davidazada
http://eCa.sh/YourOwnToolbar
Youradvisor2success
User avatar
bbb qqq
Contribution Level: 1
 
Posts: 1
Joined: Wed Aug 13, 2008 11:38 am

Re: Is Anyone Really Making Money While They Sleep?

Postby Bertus Engelbrecht on Wed Sep 16, 2009 1:00 pm

Yeah, well, I guess most internet marketers are making money while they sleep. That is the best thing about this business. You put some things like marketing strategies in motion and then wait and see the money flow in.
Free Traffic Blueprint reveals:
==> How To Get 10000+ visitors per month - FOR FREE!
User avatar
Bertus Engelbrecht
Contribution Level: 2
 
Posts: 114
Joined: Sun Aug 16, 2009 5:32 am

Re: Is Anyone Really Making Money While They Sleep?

Postby Nathaniel Johnson on Wed Sep 16, 2009 1:22 pm

RichardBravo wrote:Nate quick question?...
Actual numbers aside, unless you feel like sharing real world numbers, How lucrative are your Godaddy sales? It's one I haven't focused on at all.


GoDaddy has been treating me really well. I partner with them through what's called Commission Junction (http://cj.com) which is an awesome company. GoDaddy has actually been my second highest income stream from my blog (1st being adsense) and on average I get anywhere from $10-$30/day. However it fluctuates greatly and sometimes I will make over $100 in one sale and sometimes $1.00 in one sale it really all depends.

I would highly recommend giving it a shot since everyone buys from GoDaddy and they are an excellent company to work with.
ImageImageImageImageImage
User avatar
Nathaniel Johnson
Contribution Level: 6
 
Posts: 994
Joined: Wed Oct 22, 2008 7:37 pm

Re: Is Anyone Really Making Money While They Sleep?

Postby Richard Bravo on Wed Sep 16, 2009 2:37 pm

Sweet... Thnx Nate. I am familiar with CJ - great CPA/Affiliate network.
I'm surprised by the numbers you shared - that's awesome man - congratulations!
As you know, like you, Godaddy is my choice for registrars.
Looks like I'll have to include it in my affiliate marketing repertoire. ;)
~RB
Image
Learn How To Turn Your Passion Into Profits ... YouIncPro.com
Subscribe to RSS | Follow Us on Facebook, Twitter, Google+ & YouTube
User avatar
Richard Bravo
Company: Life Force International
Contribution Level: 9
 
Posts: 2381
Joined: Thu Feb 26, 2009 2:00 am

Next

Return to Main MLM Discussion

Who is online

Users browsing this forum: Google [Bot] and 1 guest